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Written by 7:03 pm Current Investigations

Century Properties XX Limited Partnership Investment Losses

Century Properties XX Limited Partnership

Recovery of Investment Losses in Century Properties XX Limited Partnership

Have you suffered investment losses in Century Properties XX Limited Partnership? If so, The White Law Group may be able to help you recover your losses through FINRA arbitration.

Century Equities, Inc. specializes in structuring customized real estate investments for advisory firms, individuals, and other groups.   Specifically, these investment opportunities involve properties leased to a single tenant for an extended period, providing long-term, low risk, economic returns while benefiting from certain tax advantages, according to their website.

The White Law Group is investigating potential securities fraud claims involving broker-dealers’ improper recommendation that investors purchase high-risk non-traded REIT investments, like Century Properties XX Limited Partnership. Many investors are not fully aware of the problems and risks associated with these investments before purchasing them.

The Problem with  non-traded REITs

Real estate investment trusts (REITs) are complex and inherently risky products. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are significantly more complex and often better suited for sophisticated and institutional investors.

Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs – as high as 15%.  Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations.

In addition to the high risks, non-traded REITs, like Century Properties XX Limited Partnership, often lack liquidity. Investors looking to sell these investments often have difficulty finding a buyer, and if they are able to find one can suffer significant losses on the sale.

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.

The White Law Group is investigating the following Century Equities’ offerings:

Century Properties X LP
Century Properties XII LP
Century Properties XIV LP
Century Properties XV LP
Century Properties XVI LP
Century Properties XIX Limited Partnership
Century Properties XVIII Limited Partnership
Century Properties XXIV Limited Partnership
Century Properties XXV Limited Partnership
Century Properties XXVI Limited Partnership
Century Properties XXVII Limited Partnership
If you suffered losses investing in Century Properties XX Limited Partnership and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit www.whitesecuritieslaw.com.

 

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